Cost Impact On Medicare V Medicaid Discussion

Cost Impact On Medicare V Medicaid Discussion
Even before the Affordable Care Act was enacted, the government-run Medicare and the state-run Medicaid programs
extended healthcare services to all U.S. ci”zens above age 65, to ci”zens with disabili”es, and to ci”zens belonging to low-
income groups. Considering the rising cost of healthcare services, create a PowerPoint presenta”on comparing the two
programs.
This ac”vity will help you dis”nguish between Medicare and Medicaid. It will also enable you to assess the impact of
Medicare and Medicaid on organiza”onal financial performance and strategic planning.
Direc!ons
Create a PowerPoint presenta”on with speaker notes. In your speaker notes, be sure to indicate which notes belong with
each slide.
If you need wri”ng support, access the Online Wri”ng Center through the Academic Support module of your course.
Specifically, you must address the following rubric criteria:
1. Medicare vs. Medicaid: Describe the differences between the federal Medicare program and the Medicaid program in
your state and how they impact financial reimbursement from the perspec”ve of the healthcare system. Consider the
following ques”ons to guide your response:
What are the features of the two healthcare programs?
Considering the age and disabili”es of the groups covered by the two programs, what aspects of healthcare
services will be in most demand?
How will you obtain updates about the changes in the Medicare Physician Fee Schedule and the state
Medicaid Physician Fee Index?
2. Cos!ng and Strategy: Explain why healthcare administrators need to consider cost when strategically planning for
Medicare and Medicaid popula”on growth. Consider the following ques”ons to guide your response:
What is the percentage growth in consumer base?
Cost Impact On Medicare V Medicaid Discussion
Which healthcare services (for example, virtual healthcare, wellness programs, fitness center memberships,
and so on) are the most in demand because of this consumer growth?
What changes can you propose in healthcare strategies to meet this change?
3. Cost-Reduc!on Ini!a!ves: Iden”fy cost-reduc”on ini”a”ves and state how you would opera”onalize them within the
healthcare environment. Consider the following ques”ons to guide your response:
Which are the services with the greatest poten”al to reduce costs?
Would external rela”onships with other healthcare systems or service providers help reduce costs?
Would helping the consumers choose the correct healthcare plans help curb costs?
4. Cost Control: Describe at least two effec”ve, alterna”ve ways to control rising healthcare costs Consider the
following ques”ons to guide your response:
Which are the healthcare services where the costs have gone up the most?
Which preventa”ve healthcare services could be used to control these costs?
Which less expensive services could be offered as alterna”ve op”ons?
Note that your presenta”on should be evidence based. Your cita”ons should be from your independent search for evidence
(not from the scenario, textbook, or module resources) of credible sources and be current within the last five years. You are
required to cite a minimum of two sources overall. Refer to the IHP 630 Library Guide located in the Start Here sec”on of the
course for addi”onal support.